Thursday, November 12, 2015

Banks, overflowing

The Guardian compiles the ten best books on these good folk:
...Looking back, I can’t help feeling a bit angry about the Hollywood portrayal of finance, with all the psychopathic “Greed is Good” ideologues cheating their way to the top. The truth about finance is far scarier: 40 years of technological change, globalisation and above all deregulation have conspired to create a system where bankers do not even have to be break the law to bring the world economy to its knees. It’s all legal, and my interviewees were actually rather nice people, normal almost and definitely not monsters. Yet the banks they were working for (“working at”, many corrected me) are certainly monstrous organisations.

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